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Kimberly Hegwood
Oct 5, 20172 min read
How to Remove Someone from Your Will in Texas
If you are reading this blog, chances are that you thinking about removing someone from your estate. It is a tough choice. But, if you...
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Kimberly Hegwood
Sep 22, 20172 min read
Houston Probate Lawyers Answer, “Will My Inheritance Be Taxed?”
One of the most common questions our Houston Probate Lawyers get from people who just inherited assets is whether or not they owe taxes...
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Kimberly Hegwood
Nov 10, 20162 min read
How Not to Do It: Spending the Inheritance on Royal Souvenirs and Strippers
For the Scripps family, who were heirs to a media fortune, they simply spent their millions. According to an article on CNBC.com, “The...
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Kimberly Hegwood
Nov 9, 20162 min read
Want Estate Planning? No, You Need It!
Estate planning is a need, but too often it gets moved down to the list for tomorrow. There are many reasons people put off estate...
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Kimberly Hegwood
Nov 8, 20162 min read
Celebrity Estate Planning Leaves a Lot to Be Desired
One would think that big stars like Prince would have a team of high-powered advisors, compared to the average Joe and Jane. But that...
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Kimberly Hegwood
Oct 20, 20162 min read
How to Plan For a Kid Who Can’t Handle Finances
Many parents face this issue, says NJ 101.5 in its recent post, “When you don’t trust a child with money.” There are some children,...
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Kimberly Hegwood
Oct 19, 20162 min read
Come On, Do I Really Need a Will?
The answer to that question has always been an unequivocal “yes”—especially when there’s a spouse, children or stepchildren. However,...
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Kimberly Hegwood
Oct 17, 20162 min read
Make a Charitable Donation in Your Will and Watch It Work
The estate planning laws in many states are pretty straightforward for those who want to donate all or part of their estate to charity....
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Kimberly Hegwood
Oct 13, 20163 min read
Children Challenge Pittsburgh Publisher’s Will After Being Left Out
Two times in the past four years, the attorney for the late publisher Richard Mellon Scaife unduly influenced the billionaire to change...
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Kimberly Hegwood
Oct 12, 20162 min read
Secure Intellectual Property Rights for Your Estate
Are you an inventor, an author, artist or the owner of a closely held business? If so, you may have already taken action to secure your...
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Kimberly Hegwood
Oct 10, 20163 min read
The Do-It-Yourself Will Can Be a Bargain or a Bust
A majority of Americans (about 66%) don’t have a written will, and for most, it’s something they’ve postponed until later. It’s natural...
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Kimberly Hegwood
Oct 7, 20162 min read
The 411 on the Generation-Skipping Trust
The estate tax impacts just a small number of Americans, but those who are affected have a heavy burden. At the tax rate of 40%, estate...
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Kimberly Hegwood
Oct 4, 20162 min read
Accumulating Income in the Decumulation Phase of Life: Retirement
Retirement is often called the “decumulation” phase, when retirees are steadily spending down their assets. However, many retirees are...
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Kimberly Hegwood
Sep 28, 20163 min read
Changes are Happening All the Time: Keep Your Estate Plan Current
Congratulations! After putting it off for as long as humanly possible, you’ve finally completed and implemented your estate plan. Check...
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Kimberly Hegwood
Sep 21, 20162 min read
Fred Thompson’s Adult Children Battle Second Wife in Estate Contest
The widow of former U.S. Senator Fred Thompson of Tennessee has asked a probate judge to dismiss a claim filed against his estate by his...
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Kimberly Hegwood
Sep 20, 20163 min read
An IRA Trust Might Be Preferred Over Naming Individuals or a Revocable Living Trusts
If you maxed out your work 401(k) by taking advantage of matching funds and rolled this to an IRA when you retired, you might not need...
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Kimberly Hegwood
Sep 19, 20163 min read
Prenup Isn’t a Four-Letter Word
Young couples going into their first marriage with little or no assets don’t usually have much to lose by combining their assets as they...
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Kimberly Hegwood
Sep 16, 20162 min read
Many Claimants to Prince’s Million-Dollar Estate Knocked Out of Contention
A probate judge in Minnesota who is in charge of the proceedings concerning Prince’s estate has whittled down the large group of...
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Kimberly Hegwood
Sep 14, 20163 min read
Reverse Mortgages Are Back in Style
One couple who wanted to live in a community for people 55 and older in an area they had always admired used a reverse mortgage to...
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Kimberly Hegwood
Sep 9, 20162 min read
What Assets to Leave to Your Family
As you get older, you, your older relatives or both may need to address questions about how to leave assets to others when you pass away....
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